WATCHING THE WORLD: Raising cane for diplomacy

06/26/2006
Resource diplomacy is coming along these days as countries increasingly compete with one another for the world’s supplies of oil and natural gas. But it also applies to sugar. Indeed, Japan’s Ministry of Economy, Trade, and Industry recently released a report stressing the needs to use resource diplomacy in pursuit of a stable energy supply in the face of increased demand from rapidly growing economies.METI indicated the importance of keeping favorable relations with energy producers in the Middle East and Russia, passing on Japan’s experience of saving energy and establishing domestic oil reserve networks with other Asian economies.Resourceful diplomacyThe ministry unde...
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